Bob Iaccino has spent 25 years working in the commodities, futures, foreign-exchange and equity-options markets. He regularly appears as a guest analyst on CNBC, Bloomberg, CNN, Fox News, BNN (Canada) and Sky News (Australia) among other outlets. Iaccino got his start in 1992 as a phone clerk on the CME trading floor with Nikko Securities. In 2015, he co-founded Path Trading Partners, with the goal of launching an international proprietary trading group. In 2017, Iaccino also launched TrendyTrade.com, a retail-focused informational Web site that uses a proprietary algorithm to quantify public interest in individual stock, commodity and FX markets.
The expansion of OPEC+ is critical for the cartel's survival amidst U.S. production that has grown to over 12.1 million barrels per day.
The latest small business optimism index reached its highest point in seven months. That could be good news for the Russell 2000.
Energy has been a tailwind to U.S. growth, but recent declines in oil and gas investment may lessen its impact.
After the April OPEC meeting is postponed, some contradictory statements from Russia and Saudi Arabia may show cracks in the cartel.
A quick view of the most important countries in the crude oil world in order of their hold over price movement.
The value of data releases for oil traders depends on geopolitics and economics. We rank them according to the current environment.
OPEC's production cuts will affect global crude oil. Could gasoline prices follow?
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